Section Head, Deposit & Fee-Based Product Development

Bank Pertanian Malaysia Berhad (Agrobank); Kuala Lumpur; On-site; MYR 156,000 - 234,000; Full time

Job summary

Agrobank, the agricultural banking arm of Bank Pertanian Malaysia Berhad, seeks a Section Head for Deposit & Fee-Based Product Development to lead end-to-end product research, development, and market-ready launches. The role ensures profitability, Shariah compliance, and regulatory alignment while coordinating with cross-functional teams.

You will shape the product origination process, drive innovative concepts, and supervise a team to deliver timely, competitive offerings within Malaysia's

Qualifications

• 6–8 years of relevant experience in product development/management, preferably in banking/financial environment.
• Degree in Banking, Finance, Business Administration or equivalent.
• Experience in deposit and fee-based products in Banking/IFIs with understanding of industry requirements.
• Disciplined, self-motivated, proactive & result-oriented; able to work under pressure and independently.
• Strong strategic vision with analytical, detail-oriented approach; capable of influencing decisions.

Responsibilities

• Assist Head, Product Research and Development on all aspects of product research, development, enhancement, packaging, and review.
• Organize and coordinate with committees and stakeholders to execute product development.
• Guide and supervise team members for end-to-end product development, approval and implementation.
• Drive research initiatives on new business prospects and pragmatic product concepts.
• Plan and design new products, packaging, and related initiatives with Shariah compliance.
• Prepare/Review business proposals and obtain required approvals (Shariah Committee, MRC, ALCO, BRMC, BNM).

Skills

Strategic thinking

Communication skills

Influencing decisions

Leadership能力

Education

Degree in Banking, Finance, Business Administration or equivalent

Tools

Microsoft Outlook

Excel

PowerPoint

Word

Job description

Section Head, Deposit & Fee-Based Product Development

Assist Head, Product Research and Development on all aspects of product research, development, enhancement, packaging, and review especially in Deposit and Fee-Based Product Development in order to meet Bank's profitability, Shariah requirement and regulatory requirement within the Bank's mandated role. Execute the overall product origination process in developing and reviewing Agrobank's products and services.

Organize and/or coordinate with the working committee from the relevant departments/stakeholders to execute the product development process

Guide and supervise team members and subordinates for the end-to-end product development, approval and implementation

Drive research initiatives on new business prospects and create paths to utilize more untested but acceptable product concepts pragmatically

Conduct R&D activities and develop a conceptual framework for product development

Plan and design a new product, packaging and/or related business initiatives with appropriate Shariah concept and ensure compliance with the Bank's policies and regulatory requirements

Prepare/Review business proposals and obtain necessary approvals (i.e. Shariah Committee, MRC, ALCO, BRMC, BNM etc. whichever applicable)

Review the operation manual and/or product guideline and obtain required internal and/or external approval

Provide product briefing/ training, business support and advisory function

Address factors/challenges that affect product competitiveness and collaborate with relevant stakeholders to improve utilization of products for new business

Promote ongoing business improvements to work processes that lead to improvement in product time-to-market

QUALIFICATION & REQUIREMENTS

6 - 8 years of relevant experience in product development/management, preferably in development banking and/or relevant banking / financial environment

Degree in Banking, Finance, Business Administration or equivalent

Experience in deposit and fee-based products in Banking and Financial Institutions, with an understanding of industry requirements that can be met via decisioning solutions

Disciplined, self-motivated, proactive & result-oriented with a strong desire to succeed and the ability to work under pressure and independently

Strong strategic vision and creative/innovation skills balanced by a highly analytical, detail-oriented, and result-oriented approach

Strong communication and collaboration management style with the proven ability to influence key decisions via business partnering and negotiation throughout the organization

Proficient in the use of Microsoft Outlook, Excel, PowerPoint, and Word

Strong communication skills (written and verbal)

At Agrobank, our mission is to provide a holistic range of financial services and banking facilities with a focus on the agricultural sector.We dedicate our priority to the needs of our customers by providing attractive products and services such as savings activities, banking services, takaful, financing and advisory services.

Agrobank is a continuity of the former Bank Pertanian Malaysia which has 40 years of experience in agricultural banking and an excellent track record in shaping and developing successful entrepreneurs. With a wide network of branches throughout Malaysia, we are confident of providing the best services to all.

Agrobank is a Government-owned Bank under the Minister of Finance Incorporated (MFI). The bank’s financing of the agricultural sector is driven by a policy set forth by the Ministry of Agriculture and Agro-Based Industry (MOA). Agrobank today operates through 190 branches throughout Malaysia, and employs over 3,400 employees.

At Agrobank, our mission is to provide a holistic range of financial services and banking facilities with a focus on the agricultural sector.We dedicate our priority to the needs of our customers by providing attractive products and services such as savings activities, banking services, takaful, financing and advisory services.

Agrobank is a continuity of the former Bank Pertanian Malaysia which has 40 years of experience in agricultural banking and an excellent track record in shaping and developing successful entrepreneurs. With a wide network of branches throughout Malaysia, we are confident of providing the best services to all.

Agrobank is a Government-owned Bank under the Minister of Finance Incorporated (MFI). The bank’s financing of the agricultural sector is driven by a policy set forth by the Ministry of Agriculture and Agro-Based Industry (MOA). Agrobank today operates through 190 branches throughout Malaysia, and employs over 3,400 employees.